Published November 17, 2014
A traveling evangelist has been sentenced to four years in prison in a case in Louisville in which he pleaded guilty in an oil and gas scheme. In some cases, he met potential investors through church.
The U.S. attorney's office says 60-year-old Ernest Cadick of Elizabethtown was ordered to pay almost $720,000 in restitution.
Court records say from 1994 through 2008, Cadick fraudulently solicited money from 17 people, representing himself as owner and operator of Kingdom Oil. He met potential investors at church functions or through contacts with churches.
Cadick pleaded guilty in June to 17 counts of wire fraud.